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Macroeconomic Responses to Terms-of-Trade Shocks : : A Framework for Policy Analysis for the Argentine Economy / / Pelin Berkmen



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Autore: Berkmen Pelin Visualizza persona
Titolo: Macroeconomic Responses to Terms-of-Trade Shocks : : A Framework for Policy Analysis for the Argentine Economy / / Pelin Berkmen Visualizza cluster
Pubblicazione: Washington, D.C. : , : International Monetary Fund, , 2009
Edizione: 1st ed.
Descrizione fisica: 1 online resource (36 p.)
Disciplina: 330
Soggetto topico: Terms of trade - Argentina
Capacity
Capital
Commercial products
Commodities
Commodity Markets
Conventional peg
Currency
Exchange rate arrangements
Fiscal Policy
Fiscal policy
Foreign Exchange
Foreign exchange
Intangible Capital
Investment & securities
Investment
Investments: Commodities
Investments: General
Macroeconomics
Public Finance
Return on investment
Saving and investment
Soggetto geografico: Argentina Economic policy
Argentina
Note generali: "May 2009."
Nota di contenuto: Contents; I. Introduction; II. Literature; III. The GIMF Model; IV. Calibration; V. Policy Analysis; A. Baseline Scenario; B. A More Active Monetary Policy; C. Countercyclical Fiscal Policy; D. A Combination of Both Fiscal and Monetary Policies; IV. Conclusion; References; Appendix; 1. Calibration
Sommario/riassunto: This paper presents a version of the global integrated monetary fiscal (GIMF) model adapted and calibrated to the Argentine economy. The model replicates the effect of the strong improvement in Argentina's terms of trade stemming from higher world commodity prices as well as other key economic trends in Argentina during the period 2003-2007. The model can be used to assess the potential impact of different combinations of monetary and fiscal policies on output, inflation, and the external trade.
Titolo autorizzato: Macroeconomic Responses to Terms-of-Trade Shocks  Visualizza cluster
ISBN: 9786612843327
9781462352746
146235274X
9781452775296
145277529X
9781451872644
145187264X
9781282843325
128284332X
Formato: Materiale a stampa
Livello bibliografico Monografia
Lingua di pubblicazione: Inglese
Record Nr.: 9910961805903321
Lo trovi qui: Univ. Federico II
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Serie: IMF Working Papers; Working Paper ; ; No. 2009/117